International Review of National Competitiveness

International Review of National Competitiveness

A Detailed Analysis of Sources and Rankings

Dong-Sung Cho and Hwy-Chang Moon

This book provides rankings of national competitiveness alongside a series of sophisticated and specific guidelines for enhancing national competitiveness.

Chapter 7: Analysis of special topics

Dong-Sung Cho and Hwy-Chang Moon

Subjects: business and management, international business, economics and finance, international economics


In the era of globalization, countries have realized that cooperation with other nations is strategically important for the growth of their economies. Yu Guangzhou, Vice Minister of Commerce of China, said: ‘the Chinese economy and the European economy are strongly complementary to each other. Our own advantages are exactly the disadvantages of others, and cooperation can help us draw upon each other’s strong points to make up for our own weakness, and this means more gains than losses.’ Golden (1993) argues that national strategy must blend cooperation and competition in ways that respond to the new environment (in the face of regional competition). Accordingly, cooperation among countries is important for enhancing national competitiveness, while selecting appropriate partners and areas is crucial for cooperation. In this section, we will introduce a cooperation strategy by analyzing the structure of national competitiveness to enhance competitiveness.

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